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Key facts

Cohort: Cohort 3, 2019

Focus in insurance value chain/workflow: Point of underwriting I Loss modelling & analytics I Claims

Specific lines of business supported: Corporate I SME I Captive  

Founded: 2017

Status: Operating, still in insurance

Company type: MGA

Head office: United Kingdom

Main global offices: United Kingdom, USA

Locations served: United Kingdom, USA

Employee count: 11-100


FloodFlash is an MGA providing parametric commercial flood insurance in the UK and US. FloodFlash has created proprietary flood depth sensors, which it installs outside insured businesses. The business receives a pay-out when the sensor measures a flood depth that exceeds a trigger predefined by the policyholder. 

Lab activity

Primary focus product area whilst in the Accelerator: Parametric 

FloodFlash received great engagement across the market. The diversity of support offered extended beyond the insurance conversations it was expecting, taking in everything from product design to marketing and pitching. It’s also an awesome location for us to be able to bring partners, its broker connections, and the team. 

"As an MGA and a Lloyd’s coverholder, the relationship with our capacity providers is essential to the smooth running of our business. The Lab has helped develop those relationships and build new ones."
Ian Bartholomew, Co-Founder and Chief Underwriting Officer ​

Explore all our alumni

Learn about all our alumni who have take part in the Lloyd’s Lab Accelerator programme.